Legal Memorandum: Release of a Guarantor in WI

Issue: Under Wisconsin law, may a borrower release its guarantor from its obligation to the lender?

Area of Law: Banking & Finance Law
Keywords: Guarantor; Bank; Release
Jurisdiction: Wisconsin
Cited Cases: 270 Wis. 386
Cited Statutes: None
Date: 03/01/2015

A person other than the bank itself cannot release guarantor from guaranty made to bank.  Home Sav. Bank v. Gertenbach, 270 Wis. 386, 396 (1955).


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